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We investigate how a monopoly network should price advertising campaignsfor commercial firms. We assume that the network is better able to identifythe right target audience but that this requires it to learn the firm’s audiencetype. Differences in firms’ private information such as the value...
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While artificial intelligence (AI) algorithms are seen as a convincing new opportunity to reduce human bias, automated decision-making can also have unintended and unexpected results, especially in the context of online platforms. In the case of science, technology, engineering, and mathematics...
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